Crypto market news: U.S. spot Bitcoin ETFs recorded about $227 million in net inflows on July 20, marking a fifth consecutive day of net inflows—its first since April. Ethereum ETFs also added about $38 million, mainly driven by BlackRock’s ETHA. Total inflows over five days were about $727 million, the most sustained buying since the record June outflows. The total assets of Bitcoin ETFs have rebounded from roughly $75 billion at the July low to about $79 billion. Bitcoin prices have held around $63,000; after chip-driven selling temporarily paused last week, the ETFs’ return has filled the missing portion from the past quarter’s major net outflows. The Federal Reserve will hold a meeting on July 28–29. Tech giants Alphabet, Tesla, and Intel will report earnings this week, indicating whether AI spending is still growing.

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GateUser-98a784cc

· 07-21 10:39

ETF has seen consecutive inflows—are we about to take off?

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YieldRollercoaster

· 07-21 10:22

Before the Federal Reserve meeting, funds are flowing in—betting on a rate cut expectation?

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RocksUnderTheAurora

· 07-21 10:08

Ethereum ETFs have also caught up, but their scale is about one order of magnitude smaller; institutional investors still prefer Bitcoin more.

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ReflectionsOnTheStreetAfterThe

· 07-21 10:07

The focus is shifting from the Federal Reserve to AI spending, indicating that the market is now more concerned with the fundamentals of tech stocks. If AI-related spending continues to expand, it could be good for Bitcoin miners (because they also buy graphics cards), but this logic is a bit roundabout.

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EmojiCrypto

· 07-21 10:03

AI spending is heading where? If tech giants pour in so much money to build AI, and if the return isn’t good, the stock price will crash—and crypto could suffer too.

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ChanTheoryShort

· 07-21 10:01

Institutions keep buying, while retail investors tremble—so who’s actually the one getting stuck holding the bag?

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SharpeRatioFan

· 07-21 09:56

Rising from $75 billion to $79 billion, a $4 billion increase isn’t particularly dramatic for an ETF, but five straight days indicate that market sentiment is warming. Still, AI spending and tech earnings are the biggest near-term uncertainties; if earnings miss expectations, they could spill over to drag down the crypto market, since liquidity is interconnected.

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Bitcoin ETFs saw net inflows for five consecutive days, the first time since April

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